This Over 15,616 square foot building in the heart of Down Town Forest Grove and close to Pacific University. There are Eight tenants in the building for stable income. The Theater is not currently under lease and will provide additional income opportunities. Street level opens to five tenants include PAO Thai restaurant, Floyds Doughnuts, Lui the Barber, hair salon, and others with 11,458 square feet. Second Story with with four suites over 4150 square feet. The basement is 4488 square feet . There are 10 designated parking spot in the back of the building. Additional City Parking lot behind the building. Some of the plumbing was replaced in 2022 along with other capital improvements. We encourage a drive by and walk around the building and grounds. Please do not disturb the tenants.
View full listing details| Price: | $1,500,000 |
| Address: | 1911 1923 Pacific Ave |
| City: | Forest Grove |
| County: | Washington |
| State: | Oregon |
| Zip Code: | 97116 |
| MLS: | 24480708 |
| Year Built: | 1940 |
| Square Feet: | 15,616 |
| Acres: | 0.37 |
| Lot Square Feet: | 0.37 acres |
| roof: | Flat |
| sewer: | Public Sewer |
| vtURL: | https://www.dropbox.com/scl/fi/xjh3yuicyw16ump85zp2s/Slideshow.mp4?rlkey=udyzly9d1hvtzjmox67nwot7i&st=anzj27fc&dl=0 |
| viewYN: | no |
| cooling: | Central Air |
| country: | US |
| heating: | Forced Air |
| stories: | 3 |
| taxYear: | 2023 |
| cCandRYN: | no |
| coolingYN: | yes |
| heatingYN: | yes |
| photo1Url: | https://www.rmlsweb.com/webphotos/24400000/80000/0000/24480708-1-a.jpg |
| priceType: | List Price |
| currentUse: | Office, Restaurant, Salon |
| directions: | R SW Fern Hill Road,L18th Avenue, R on Hawthorne Street, R on 19th Avenue, to property. |
| bankOwnedYN: | no |
| grossIncome: | 88812 |
| openHouseYN: | no |
| shortSaleYN: | no |
| waterSource: | Public Water |
| businessName: | Fritelli Holdings LLC |
| daysOnMarket: | 70 |
| hotSheetDate: | 2024-11-12 |
| listAgentKey: | 44524 |
| listingTerms: | Cash, Conventional, Other |
| lotSizeRange: | 15, 000 to 19, 999 SqFt |
| mlsAreaMajor: | Hillsboro, Forest Grove |
| onMarketDate: | 2024-09-03T00:00:00+00:00 |
| parcelNumber: | R423018 |
| parkingTotal: | 10 |
| roadFrontage: | 125 |
| saleIncludes: | Building, Land |
| ceilingHeight: | 10 |
| listOfficeFax: | 503-444-9008 |
| listOfficeKey: | 107969 |
| listingService: | Full Service |
| occupancyTypes: | Leased |
| otherEquipment: | Smoke Detector, Sprinkler |
| standardStatus: | Pending |
| fuelDescription: | Electricity, Gas |
| parkingFeatures: | On Site, On Street |
| roadSurfaceType: | Concrete, Paved |
| sourceSystemKey: | 24480708 |
| taxAnnualAmount: | 9965.74 |
| virtualTourType: | 3-D Tour |
| yearEstablished: | 1940 |
| leaseEquipmentYN: | no |
| offMarketDateMls: | 2024-11-12T00:00:00+00:00 |
| operatingExpense: | 20282 |
| sourceSystemName: | Regional Multiple Listing Service, Inc. |
| existingLeaseType: | 1 - 5 Years Remaining, NNN |
| listAgentLastName: | Riddle |
| listMainOfficeKey: | 107969 |
| listingKeyNumeric: | 24480708 |
| lotSizeDimensions: | 125X127 |
| lotSizeSquareFeet: | 16117 |
| numberOfBuildings: | 1 |
| offerInstructions: | Call Seller's Agent |
| opportunityZoneYN: | no |
| originalListPrice: | 1500000 |
| propertyCondition: | Existing |
| commercialFeatures: | Accessible Entrance, Inside Storage, Office, Outside Lighting, Sprinkler, Tenant Sign |
| documentsAvailable: | Profit & Loss Statement, Rent Records, Tax Information |
| listAgentFirstName: | Allen |
| lotSizeDescription: | 15944 |
| netScheduledIncome: | 105000 |
| propertyAttachedYN: | no |
| coListAgentLastName: | Dunn |
| coListMainOfficeKey: | 107969 |
| internetServiceType: | Cable, DSL |
| inventoryIncludedYN: | no |
| listAgentKeyNumeric: | 44524 |
| listingContractDate: | 2024-09-03T00:00:00+00:00 |
| streetNumberNumeric: | 1911 |
| taxLegalDescription: | FOREST GROVE, TOWN OF, BLOCK 2, LOT PTS 4 & 1 |
| coListAgentFirstName: | Scott |
| grossScheduledIncome: | 130000 |
| listOfficeKeyNumeric: | 107969 |
| originatingSystemKey: | 24480708 |
| purchaseContractDate: | 2024-11-12T00:00:00+00:00 |
| thirdPartyApprovalYN: | no |
| truckDoorDescription: | None |
| constructionMaterials: | Cement Siding, Full Basement |
| currentPriceForStatus: | 1500000 |
| originatingSystemName: | Regional Multiple Listing Service, Inc. |
| propertyRestrictions1: | None |
| statusChangeTimestamp: | 2024-11-12T22:33:52+00:00 |
| cumulativeDaysOnMarket: | 70 |
| unreinforcedMasonryBldg: | Unknown |
| contractStatusChangeDate: | 2024-11-12T00:00:00+00:00 |
| internetAddressDisplayYN: | yes |
| listMainOfficeKeyNumeric: | 107969 |
| internetConsumerCommentYN: | yes |
| operatingExpenseScheduled: | 25000 |
| coListMainOfficeKeyNumeric: | 107969 |
| virtualTourUrlUnbranded3YN: | no |
| propertyRecordUpdateTimestamp: | 2025-04-03T01:37:07+00:00 |
| internetEntireListingDisplayYN: | yes |
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